This is my first post and I'm sorry if it's super long. I'm really hoping to get some guidance and info as everything i read and everyone i talk to tells me something different all the time.
A brief timeline so far:
2003-2008 - applied for federal and private student loans to get me through college
early 2010 - Chapter 7 bankruptcy
december 2010 - graduate from school (7 years)
2011 - got a job and my first contact with NES. my AES loan was given to them while my other AES loan stayed current as i paid. i was never notified of the loan NES now has. they call with very threatening messages and threats to sue and garnish wages and they always stressed things needed to be done right away. i never recorded any calls and i dont remember verbatim what was said. immediately setup a payment plan as i was scared of their threats and thought they were real. because it was unforseen, my plan is only $50 a month. no DV letters, no FDCPA research, nothing. just pay.
2012 - renew payment plan to $200 a month. begin establishing new credit with 2 unsecured credit cards.
jan 2013 - NES payment plan expires
currently - i've been really good with scrutinizing my credit report these days because of my BK and all that and i noticed something. regarding this loan:
Taken from MyFico:
Last Activity: Dec 2010
Status: Pays account as agreed
remarks: Student loan
Account closed due to inactivity
Last Activity: May 2010
Remarks: Included in bankruptcy
Last Activity: Not Available
Status: Account seriously past due date/account assigned to attorney, collection agency, or credit grantor's internal collection department
Essentially, my question is: if EQ see's this as closed, TU sees included in BK, EX shows in collection, if i STOP PAYMENT permanently, will NES report to the big 3? can NES show up on my report? Can NES actually sue me and garnish my wages? what power do they actually have?
I have been paying them for the past 2 years and only this year have I started to get skeptical and do some research. What is the Statue of limitations on this account?
I have been working extremely hard to get my credit back in check. Currently i sit at:
this is with a BK in Feb 2010.
Can anyone please provide me with some assistance, guidance, coaching, advice, ANYTHING on dealing with this account? What should my next steps be?
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